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Financial and Managerial Accounting Study Set 11
Quiz 27: Lean Manufacturing and Activity Analysis
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Question 101
Short Answer
Match each of the following quality control activities with the appropriate classification (a or b). -Processing returned materials A)Value-added B)Non-value-added
Question 102
Short Answer
Match each of the following quality control activities with the appropriate classification (a or b). -Maintaining equipment A)Value-added B)Non-value-added
Question 103
Short Answer
Match each of the following quality control activities with the appropriate classification (a or b). -Disposing of scrap material A)Value-added B)Non-value-added
Question 104
Short Answer
Match each of the following quality control activities with the appropriate classification (a or b). -Design engineering A)Value-added B)Non-value-added
Question 105
Short Answer
Match each of the following activities with the appropriate quality cost classification (a-d). -Recalling defective products A)Prevention cost B)Appraisal cost C)Internal failure cost D)External failure cost
Question 106
Short Answer
Match each of the following quality control activities with the appropriate classification (a or b). -Inspecting materials A)Value-added B)Non-value-added
Question 107
Multiple Choice
Schedule of Activity Costs
​ -A customer service department has the following resolution response time data: Average Response Time First contact 0.25 hr.Service scheduling 0.50 hr.Wait for service 24.00 hrs.Service 1.50 hrs.Total resolution time 26.25 hrs.What is the value-added ratio (rounded to one decimal place) in this process?
Question 108
Short Answer
Match each of the following activities with the appropriate quality cost classification (a-d). -Performing warranty work A)Prevention cost B)Appraisal cost C)Internal failure cost D)External failure cost